NDXUSD

President Trump of the United States has positively influenced the geopolitical risk perception through discussions with Russian President Putin aimed at ending the Ukraine-Russia war. The unexpectedly high consumer inflation in the U.S. has led to an increase in 10-year treasury yields. However, despite this rise in bond yields, the improvement in risk perception has allowed the NASDAQ100 Index to gain value. Throughout the day, the Producer Price Index (PPI) and applications for unemployment benefits will also be monitored.

The NASDAQ100 index is trading in a region supported by the indicators we are tracking. When we technically evaluate short-term pricing, as long as it remains above the 21700 – 21820 region supported by the 21-period exponential moving average, the desire for an upward movement may continue. If positive movements persist, a momentum towards the 22000 and 22100 levels could be gained.